Russian Telecom Market to be Worth USD 20.3 Billion by 2021, Forecasts Pyramid Research in Its New Report Available at MarketPublishers.com

29 Aug 2016 • by Natalie Aster

LONDON – The Russian telecom marketplace is set to reach USD 19.3 billion in terms of service revenue in 2016, down by more than 11% from 2015. Growth in the mobile data revues is expected to be the major factor driving growth of the local telecom service revenue. The latter one is forecast to grow at a 1% CAGR over the period 2016-2021.

The Russian telecom market, in the meantime, is expected to be worth over USD 20.28 billion by 2021. Its growth will mainly come from Pay-TV and data segments.

Three players (MTS, Beeline and Megaton) reign over the Russian market, and they offer Pay-TV, fixed and mobile services.

Innovative bundled offerings along with affordable data-enabled devices are becoming the main focus of players since the competition in the local space is turning increasingly intense and traditional voice services are declining.

Besides, investments in 5G, IoT/M2M, HD technologies and LTE expansion are set to continue increasing.

It also throws light on regional, political as well as economic context of the country. The report delves deep into the regulatory environment and investigates its trends. The research study comprises an insightful demand profile: historical figures along with future projections are available in the research report.

The report investigates service evolutions and forecasts future developments, thus covering the period 2014-2021. It canvasses performance of different market segments, as well. The research report also limelights opportunities this market has.